trading the momentum cycle

[p0box4]

My record is exactly the reason i am posting this daily result:because it the first day i have been usng VPA along with price action; the result is fantastic compared to my record.

And that is good enough reason to post it in my journal for my evaluation

The point that i am trying to make is, first of all 1 day results are meaning less. Even the worst system in the world probably has some profitable days.
Second of all, you have posted this about a dozen different systems the past few weeks.

Stick to one system for a longer period of time so you can actually really learn to understand it instead of switching every few days.
This is a mistake every beginner makes, however you are still making the same beginner mistakes after 20 years.

As long as you are not learning from your mistakes and keep making the same mistakes over and over you will never get any better.

 

[padutrader]

 

[padutrader]

As long as you are not learning from your mistakes and keep making the same mistakes over and over you will never get any better.

i am getting better i know it my journal shows it: you do not get better one year at a time you get better trade by trade day by day.
it is ok if you do not know it...you are not paying me my performance is paying me.
That is the whole purpose of my journal.

 

[padutrader]

But before we move on, let me address one issue immediately which is the criticism leveled at using volume in the world of spot forex. We all know there is no currently central exchange in the spot market, and as such we therefore have to turn to an alternative measure of volume, which is tick activity, and is a proxy for volume. My own view, and proven over many years, is that this volume works perfectly well, and in exactly the same way as in other markets. After all, volume is simply a measure of activity or a lack of activity, and if activity is very high or very low, then this signals participation or a lack of participation by the institutional market makers. There have also been many studies over

Coulling, Anna. Forex Trading Using Volume Price Analysis: Over 100 worked examples in all timeframes (Page 15). . Kindle Edition.

 

[El OchoCinco]

ok I am just glancing at the last 3 pages of trades and I see nothing but stop out losing trades...maybe you should not be defending you position so strongly here with losing trades to back it up...

 

[padutrader]

ok I am just glancing at the last 3 pages of trades and I see nothing but stop out losing trades...maybe you should not be defending you position so strongly here with losing trades to back it up...

you are not seeing my trades after i started VPA....and practiced with with. i have stopped my losses and that is why i am defending my position. as you call it.
i have posted my trading for one day which shows only winning trades:however if you do not accept VPA works i am not losing my money.
The only reason i am posting here is to show VPA works.that is now clear. if it is not clear to you that is ok with me.
i am now stopping my journal

 

[padutrader]

not surprising 95% of traders lose they deserve to lose

 

[destriero]

95% of recovering addicts relapse.

You're trading less than $100 so there is no harm done, but you spend ALL DAY AND NIGHT here, so you cannot tell me that your time is not worth more than a $5 gain or loss in this f*cking microlot sh*t. You can't.

I know my advice is worth more than $5. The "volume" is a sieve; a dead-end.

I've traded FX since 1988 and on a bank desk. Arguably the hardest market to trade. Worse, you are enticed by the zero barrier to entry of this picolot crap.

You have nothing to lose but also nothing to gain. Save $10-$20K and trade a legitimate market venue; shares, options.

 

[padutrader]

95% of recovering addicts relapse.

You're trading less than $100 so there is no harm done, but you spend ALL DAY AND NIGHT here, so you cannot tell me that your time is not worth more than a $5 gain or loss in this f*cking microlot sh*t. You can't.

I know my advice is worth more than $5. The "volume" is a sieve; a dead-end.

I've traded FX since 1988 and on a bank desk. Arguably the hardest market to trade. Worse, you are enticed by the zero barrier to entry of this picolot crap.

You have nothing to lose but also nothing to gain. Save $10-$20K and trade a legitimate market venue; shares, options.

i appreciate your advice

I've traded FX since 1988 and on a bank desk. Arguably the hardest market to trade

yes i know i have traded forex since 2007.
but i am now profitable . i will make my shit into 1000 usd in a month. if i do that will you accept that volume shit is not shit?
you are spending your whole day in this hole where there are 100% losers. I will now only post my statements and will let you know when i make a 1000usd in one month and then that into 100000 in another 6 months
till then good bye

 

[fordewind]

cycles and momentum are the two contradictory terms